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Friday, September 12, 2014

Oculus VR's Iribe Gives $31M To Alma Mater

Brendan Iribe, the co-founder and CEO of Irvine-based Oculus VR, has donated $31M to his alma mater, the University of Maryland, to help build a new building for that school's Computer Science department. According to the University, Iribe's gift will go towards the new Brendan Iribe Center for Computer Science and Innovation. The gift is the largest, ever, in the University's history. $1M of that donation will go to fund the Brendan Iribe Scholarship in Computer Science. Fellow Oculus VR co-foudner and chief software architect Michael Antonov will also make a gift to the University, of $4M; Iribe's mother, Elizabeth Iribe, also will give $3M to endow two chairs in the Department of Computer Science.